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on in colorado, washington, and oregon. "washington journal" is next5. host: gorning, and welcome to the "washington journal." today is saturday, november 10. we begin this morning by looking at some stories regarding a statement that the president made yesterday in a speech addressing the nation, talking about claiming that the election gave him a mandate on taxing the rich. this is how it was reported in this morning's "new york daily news." they write "president obama claimed an election mandate to make the rich pay more in taxes, saying it is the will of the american people, making his first public appearance since his victory. obama said he would open talks with republicans next week on how to prevent painful tax hikes and budget cuts set to automatically take place effective january 1." we want to find out from you, your thoughts on the president's statement claiming that the election gave him the mandate or gives him a mandate on taxing the rich, agree or disagree. we've divided the phones in a little bit of a different manner this morning. 202-585-3880 for those making ove
to do beside watching a nuisance headlines coming out of washington? traders at the new york stock exchange, what a day today. some better games at the moment but again a perfect example of how washington is holding the market. >> you talk about how sensitive the market is right now. looking at washington, putting earnings season besides us. all coming down to the last 32 days of the year and what is its going to happen in washington. anytime we hear anybody making any comments, it is going to move the market. like you saw on that chart, who is saying what and when, clearly that shows it is all about getting in front of the camera, getting out in front of the public making sure the public understands where everybody stands. they will stretch this one out as long as they can, the drummer will unfold, we will watch the miniseries play out on live tv. it will come to the same path and figure it out before the end of the year. tracy: we should have our viewers name the intraday chart. i cannot believe this, 32 days, we have to live with this war true fundamentals, make your picks. >> t
the tea party and the future of the republican party. welcome to the "washington journal." guest: thanks for having me. i'm happy to be here. host: we've got an article here from the "christian science monitor" with the headline, "will the tea party compromise"" he writes, tea partiers may be more amenable to an agreement on tax revenues now that the electorate has signaled it doesn't especially like what the tea party has been up to. he goes on to say, if there's a mandate in yesterday's results, said speaker john boehner on yesterday, it's a mandate to find a way for us to work together. republicans, he said, are willing to accept new revenue under the right conditions to get a bipartisan agreement over the budget. your thoughts about what robert reich had to say and what the speaker is saying. guest: well, you know, i think that we need to find some common ground. obviously we're facing this fiscal cliff, so we have to find some common ground. everybody's talking about revenue, nobody's talking about cutting. that's really what we need to be focusing on, because you can tax people int
analysis with a white house reporter of "the washington post," and "bloomberg news." "washington journal"is next. ♪ host: what will a recollected administration do with a returning gop majority? what was the message of the election. leaders of both parties give us their take on that yesterday. we want to turn to all of you. your vote, your message to washington. we began with the front page of ."sa today, this is what richard wolf writes. the two sites listed no time sticking out their positions on the potential crisis that is 54 days away. this is what the two leaders had to say yesterday. we will start with harry reid and move on to john boehner. [video clip] >> they are tired of partisan gridlock. i have one goal, to be obama. obama was reelected overwhelmingly. republicans want us to work together. democrats want us to work together. they want to reach a balanced approach to everything, but especially the situation we have with the huge deficit. taxes are a part of that. >> the american people have spoken. they have reelected president obama, and every elected a republican
. these are core values that voters send politicians to washington, they want these things protected. no republican that's walking the halls of the house or senate was sent there to cave. theyere elected to advocate for fiscal austerity, balancing the budget, making the case why our debt and deficit are simply immoral and unsustainable. and that's why we admire, for example, people like our founders around our framers. that's why we hold them in such high regard. we conservatives, we love our country with passionate commitment, and like reagan and thatcher before us, we love our country too much to allow her to follow the path toward decline, social disintegration, and of course bankruptcy, which would lead to irrelevance. even when the public makes bad choices, as they did, for example, in the 1970s, when they elected jimmy carter, or as the british did in the 1930s when neville chamberlain served as prime minister. we'll continue to make our case with all the strength, passion, intelligence we can muster as conservatives. great leaders, they're always asked to do a difficult job, and they don't c
. >> and in washington, msnbc and "time" senior political analyst, mark halperin. thanks so much, everybody, for being with us. >> morning. >> a very provocative, according to "the wall street journal," proposal that tim geithner brought over to the republican leaders yesterday. >> how'd that go? >> "the new york times" said it was, quote, loaded with democratic priorities and short on spending cuts. i'm just curious, it didn't go well. obviously, mitch mcconnell laughed at the offer, which i would have laughed at the offer, too. >> you would have laughed out loud at the treasury secretary? making a presentation? >> you know what i actually would have said? >> what? >> listen, we're all busy people. this is a critical time. if you're going to come over here and insult us and intentionally try to provoke us, you can do that. but i'm going back to work now. and i'd walk out. listen, this thing, $1.6 trillion of revenue, of new taxes, no specific cuts according to "the new york times" and "wall street journal." actually, $50 billion more in stimulus spending and no specific spending cuts. it was a nonsta
the pundits are saying in washington but what people back home are thinking about the future and what this election means. so jim, you're going to get the last word. >> thank you. in terms of consensus, i do agree with, i guess stan also the immigration is something there will be some forward progress on. i also agree with stan on the health insurance issue is probably some of plato. i was struck when the shootings happened in aurora, colorado, over the summer, that is exactly the demographic of people who don't have health insurance, young working-class kind of people. and the hospitals all said of course we will pay for all their bills and stuff. we will find the money from somewhere through some mechanism, come may. we always have. entrance a prediction, again i'm a little bit and -- i met with the doctor this money at an age. there's a congressman named rob andrews is a democrat of new jersey, 11 terms, a fairly secret guy, democratic conference, who had an article in "the wall street journal" inception in what she calls for an effort on medicine. he said specifically we should be
washington. the intelligence community and the upper echelons of our military. as you know, former four star general and c.i.a. chief david petraeus, here he is, quit last week after admitting that he had an affair with his biographer, paula broadwell. now, paula broadwell allegedly sent threatening e-mails to jill kelley who is a "tampa socialite" who did charitable work for the military. broadwell apparently thought that kelley was also having an affair with petraeus. and upon receiving broadwell's e-mails, kelley contacted the fbi which began investigating. now, jill kelley also has hired crisis communications expert judy smith. she has worked with monica lewinsky with kobe bryant and with former senator larry craig. and that all has a lot of folks scratching their heads. why would a woman who was the target of a nasty e-mail or two need a reputation fixer? well it turns out that while investigating petraeus, the fbi uncovered 20,000 to 30,000 potentially inappropriate pages of documents mostly e-mails that kelley ex
to washington today after winning the electoral college, the popular vote and a second term. good evening, i'm judy woodruff. >> ifill: and i'm gwen ifill. on the "newshour" tonight, kwame holman wraps up the results and the reaction and ray suarez reports from chicago on the president's day. >> woodruff: we assess the tactics that led to success for the obama campaign and failure for mitt romney. >> ifill: we examine the messages voters sent yesterday with jeffrey brown, who looks at the makeup of congress and the new laws around the country. >> woodruff: what to do about the fiscal cliff, healthcare and immigration? we explore the challenges ahead in the next four years. >> ifill: and back with us again, for analysis, are mark shields and david brooks. >> woodruff: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and
. and by contributions to your pbs station from viewers like you. thank you. >> warner: washington's clock ticked another day closer today to automatic tax hikes and spending cuts, the so-called "fiscal cliff". the president took to the road, while republicans warned there's a deadlock in efforts to reach a deficit deal. >> now, of course, santa delivers everywhere. i've been keeping my own naughty and nice lists for washington. >> warner: the president chose a seasonal setting, a toy factory in hatfield, pennsylvania, and holiday imagery to press again for extending tax cuts for the middle class. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1. i mean, i... i'm assuming that doesn't sound too good to you. >> no. >> that's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> warner: in washington, republicans portrayed the road trip as so much humbug, at a time, they said, when negotiations are going nowhere. >> there's a stalemate. let's not kid ourselves. >> warner: house speaker john boehner said republica
>> as they returned to washington this week, some lawmakers from both parties were talking about compromise to avoid the january fiscal cliff, showing a willingness to put spending cuts and revenues on the negotiating table. the white house warned that the uncertainty of potential tax hikes for middle-class taxpayers could hurt consumer confidence during the holiday shopping session. that could have a big effect on the economy. the washington post writes that the white house is ratcheting up pressure to avoid the fiscal cliff. on c-span tonight, we will bring you some of the house and senate debate from august of 2011, when congress passed the budget control act that triggered cuts to take effect on january 1. we will also hear from president obama, who signed the deficit reduction measure into law, part of the deal to raise the debt ceiling. first, senate majority leader harry reid and republican majority leader mitch mcconnell will talk on the senate floor about the january fiscal deadline. >> since our country voted to return president obama to the white house, i have spoken o
. ♪ host: good morning, welcome to "washington journal." the fbi investigation that led to the resignation of general david petraeus has expanded to general john allen. the impact of all this on the intelligence community and national security will be part of several hearings on capitol hill later this week. lawmakers return to washington today amid a shake-up of the president obama national security team, facing the looming issue of the so-called fiscal cliff. that is where we want to begin today this morning. president obama will meet later on with labor leaders who are insisting that the president not compromise on cuts to medicare and social security. what is your take on this? avoiding this -- avoiding the fiscal cliff? host: remember, you can send us a clear message, post your comments on facebook, or send us an e-mail, journal@c-span.org. courtesy of the newseum, washington, front page of that newspaper and many of the newspapers this morning, including "the washington post," liberal groups prepare for an entitlement fight. this is what zachary goldfarb rights. -- writes. host: ther
the brunt of this battle and they should not defend taxpayers but the spending interests in washington, strikes me as odd. the effort by some to get entitlement reform, the democrats have said heck no and harry reid has said it ain't happening, and they ought to look at that, rather than trying to raise taxes to pay for obama's bigger government. >>neil: do you hear it is spreading? we have chatted about this before. you were open when we chatted in washington, to talk about the cliff cliff, to not equateing bringing in causes or tax loopholes and the like and closing them off, your point was as long as it leads eventually to revamping of the tax code, but this goes beyond that, they have no quid pro quo and they are offering this, you argue, what? >>guest: well, there are two ways you can damage the economy. one is to increase marginal tax rates, everyone knows the small business groups, it would kill 700,000 jobs off the bat, probably worse. the other thing is to eliminate $1 trillion, not talking about a few deductions, but talking about $1 trillion worth of deductions and credits w
that demographic shift. i remember when i came to washington. i remember writing an article for it -- remember that --public opinion magazine? >> yeah. i think you will see people start to write about a democratic electoral lock due to the changing demographics. we are seeing an electorate where the democrats are doing well among african-americans, hispanics, asians, younger voters, and white liberals. now that needle appears to have moved slightly to the democrats, so that if you have a kind of normal base election, the democrats have a very slight advantage. i think most people say we will continue to grow over time, unless the republicans do something to make inroads into some of the court demographics. if you look at the house races, you have to be cautious because the -- about the big message you are drawing. yes, the democrats gained what looks to me by my count about eight house seats. half their gains have to do with coming from illinois and california and are largely redistricting gains. but republican still control the house. what would you say was the democrats' message this electio
washington. it's wednesday, november 28, 2012. this is "the daily rundown." i'm chuck todd. right to my first read of the morning. so is washington just running out the clock until about ten days before christmas when everyone smells the jet fuel and gets ready to cut a deal to avoid the so-called fiscal cliff? some days it feels that way. the president is stepping up his pr effort today delivering remarks this morning surrounded by, quote, middle class americans who will see their taxes go up if no deal is done. he'll sit down with more than a dozen ceos hater today including several who were prominent supporters of mitt romney. the white house even has a new hash tag called #pound#my2k. i asked jay carney whether this is just a game of running out the clock until the real negotiations begin in late december. is everything just killing time until the deadline comes? >> no. >> it seems everybody -- >> it doesn't feel like killing time. >> killing time until the final week and the jet fumes of the airport and then everybody will sit down and hammer this out. >> well, look, here's a fact, the p
sticks and stones? well, words may not hurt you but word from washington are once again spooking the markets. just look at that dip right before noon. how do you protect your money from the washington speak? >>> daily deals turning to daily duds. living social announces layoffs. groupon's board discussing the future of its ceo. is time running out on those daily deal websites and their business model? >>> and, the hottest tech trends of 2013. we'll show you how you can cash in today. i'm happy to be back from washington. i'm happy sue herera is at the center of the action -- i'm just a happy guy, sue. i'm glad to have you back, too. >>> it happened just before noon. once again the markets tanking, a steep dive after discouraging words from washington on the state of the fiscal cliff. this time it was house speaker boehner speaking with reporters after meeting with treasury secretary tim geithner. eamon javers is in washington with the latest. eamon, the sentiment down here is these guys should stop talking and start crafting a deal. >> reporter: that's the sentiment here in the h
don't understand his brain, so you should ask him. okay? >> ouch. athena jones live from washington. same old same old. where do we go from here? >> that's the big question. the nice talk after the election is pretty much gone away. you mentioned one of the big sticking points, that's taxes. republicans and democrats can't agree on how to raise the tax revenue? end the bush tax cuts for the wealthy, close the loopholes, raise the capital gains taxes or all of the above. right now, they can't agree on how much money should be raised on the revenue side. let's listen to more from harry reid about the democrats stance on this. >> we are ready to protect middle class families by freezing the tax rates for the first $250,000 and letting the rates go to the same level they were during the clinton administration. the republicans know where we stand. we have said it so many times, the president said the same thing. >> you know, reid is right. republicans know where the democrats stand. republicans feel that there's been way too much focus on this whole tax issue and not nearly enough of an
brought our focus of north dakota together to move in that direction. our challenge in washington is when the president says all of the of, he means nothing from below. 85% of our energy in america comes from coal, oil and gas. are gasoline prices have doubled over the last four years. you talk about tough times for the middle-class. in america couple of things have happened. the median income has gone from 54,000 to 50,000. the price of gas has gone up -- in health care and health insurance has gone up $2500. these are problems. we passed bipartisan bills to move energy forward but the regulatory environment and again i go back to harry reid who controls what is voted on in the senate, has said i hate oil. oil and coal are making us sick and they are harming america. my opponent says she is from north dakota and she is pledged her support to harry reid. heitkamp: as much as congressman berg would like harry reid to be standing up here don't think that's happening anytime soon so i would like to talk about my reg and who i am and what i have done. >> moderator: and i remind the audience t
washington come together to solve a looming crisis? and, more misery for a region that's still reeling from sandy. >> everything is vulnerable. the coast line is vulnerable. trees are vulnerable. people are vulnerable. homes are vulnerable. >> shepard: another storm takes aim at people still recovering from sandy. >> this is it. i'm getting -- walking around -- >> shepard: tonight, tracking the nor'easter. >> shepard: plus, history at the ballot box. voters approve same sex marriage and make it legal to smoke pot just for fun. but one governor says don't break out the munchies just yet. first from fox this wednesday night, we'll get to the politics news but first the are in easter that's happening right now and slamming some of the areas that the super storm sandy disseminated just days ago. it's already knocked out power to tens of thousands more people. the powerful storm hitting parts of new york, new jersey, and pennsylvania. here in the big city, the long island railroad that carries millions of commuters is now shut down. overcrowding has forced officials to close down penn station. t
their voices. they will play a very important role. it you are not going to be able to change washington solely from the inside. that is what the president has always believed, that we need the american people to keep pushing on washington and their leaders. you just cannot transfer this. people are not going to spend hours away from their families and their jobs contributing financially when it is are for them to do it unless they believe in the candidate. all of this, the door knocks, the contributions made, the phone calls made, or because these people believed in barack obama. for candidates who want to try and build a grass-roots campaign, it's not going to happen because there is a list are because you have the best technology. they have to build up the kind of emotional appeal so people are willing to go out there and spend their time and resources and provide their talents because they believe in someone and what they are offering. we are hopeful that many people that helped us this time will end up running for office themselves, are leading nonprofit, or playing enormously valuable rol
closer to a tax and fiscal cliff fix? cnbc's own chief washington correspondent john harwood joins us now with all the details. good evening, john. >> reporter: good evening, laurie, and i think we are getting somewhat closer, and the white house would count it as good news that you found common cause with their report on the impact of fiscal spending. let's talk for a moment about what's happened on the fiscal cliff by the numbers since that early constructive meeting with the congressional leaders and the president. the numbers are all one. there's one month left for these leaders to figure it out. two, 1.4 it is is the amount to be shaved off by gdp and one is the amount of trillions of dollars that democratic aides, senior democratic aides tell me is necessary to get a deal wit end of the year with the remaining 3 trillion of savings coming in the early part of next year, ants finally one is the number of phone calls made over the weekend between president obama and house speaker john boehner so there hasn't been a lot of concrete progress, but there is total progress in terms of the
. welcome back. i'm bill griffeth. we're going to get to those wild statements out of washington in a minute. you can see when they happen when we show you today's chart. speaker boehner's comments pushed the market lower. then other comments brought them back a little bit. the dow is up just 45 points right now at 13,030. the nasdaq also trading higher today. last i checked, it was up 21 points. there it is at 3,013. that's about the high for the session. the s&p is up about seven points at 1416. >> a bit of a roller coaster ride today after fiscal cliff comments from both parties. >> eamon javers on capitol hill is following the drama, which changes moment by moment. >> absolutely, bill. it's been a bit of a roller coaster ride, as you say, on capitol hill with duelling press conferences today. follow along with me here on what each person said from each party and how that impacted the market, starting with speaker john boehner. here's what he had to say early in the day. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real
in washington published its. we have questions about this. there is a big concern about the ability of them to meet the challenges that have been laid out for them. there are concerns about technology. you said it is a pressure point. i think it is potentially a friction point. you're going to see more of that. i think states can use this as more opportunity to back out. >> in terms of more federal money, people said to us live all been talking about how there is a big squeeze. and 11 people feel like the money the department provided was not enough. there needs to be more resources. i do not see it happening. >> let's go right here. >> your discussion on the fiscal cliff is the conventional wisdom. they will find a way to build the bridge. i was the discussion yesterday where an alternative was presented. these numbers were saying that the fiscal cliff offers members of congress very difficult choices. nobody wants to vote for cuts to programs and entitlements and increasing taxes. there is a growing group that just my support growing over. they have the opportunity to do some positive thi
. your e-mails are live, next. of >> good morning.. the u.s. capitol after returning to washington for three days congress is out for the thanksgiving hall day, but back next week to work on the so-called fiscal cliff. the president in thailand. first stop in a three nation southeast asian tour and as part of the debate over the debt and government programs include social security, medicare and medicaid. aarp saying social security and medicare should not be cut as part of the debate over the 16 trillion over all debt. we'll get your thoughts our phone lines are open at (202) 737-0001 and (202) 737-0002 for republicans if you're an independent. (202) 628-0205, 3382 i'm sorry. headlines on this sunday morning. flames of rage. israel shoots down hamas missiles and we'll have more on this late in the program and the calculating the cliff. cover of cq weekly. republicans are talking about higher taxes as the president presses issue. and then there's this story from the "washington post". headline. aarp flexes muscle in debt talks the lo big power house for older americans last year mad
. the president returned to washington today to begin the hard work of repairing frayed relationships with the other side, after a bruising often petty campaign. it was well after midnight when the president, vice president and their families hugged and waved to supporters from the stage at mccormick place, after president obama declared victory. >> tonight more than 200 years after a former colony won the right to determine its own destiny, the task of perfecting our union moves forward. >> this is a cbs news special report. >> reporter: in the end the popular vote was close, reflecting a deeply divided nation. >> the president has about 1 million more votes. >> reporter: but the president won an outsized victory in the electoral college by nearly running the table in the nine battleground states. >> the state of iowa, cbs news projects will go to president obama. barack obama will be the winner in virginia. cbs news is projecting that president obama has won the state of ohio. >> reporter: a horse but cleaar clearly happy president obama congratulated. >> i look forward to sitting d
-democracy? those rebels, this is not george washington at valley forge. these are not necessarily people who want to establish a democracy and rights of all individuals. dagen: kc mcfarland. connell: $5 billion in education cuts, if there is no debt deal with another part of this we will take up with union leader randy wine garden in a few minutes. dagen: john boehner meeting with the treasury secretary right now about trying to broker some deal. we will hear from john maynard this hour and you can catch it here. look at the oil market again, tensions rising in the least and the price of oil rising as well, $80 a barrel. you know how painf heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. dagen: you want to make money? that guy is not connell mcshane. [talking over each other] connell: rather make money while we sleep which putting somebody to sleep -- charles: i like temperature edict. the housing come back, e
>>> newly elected president obama is back in washington, automatic spending cuts and tax increases set to go into effect at the beginning of the year, known together as the fiscal cliff. members of one of the most deeply divided congresses in history are sending smoke signals up capitol hill to note they are ready to get back to the bargaining table. >> mr. president, this is your moment. we are ready to be led, not as democrats or republicans, but as americans. >> i want to work together, but i want everyone to also understand, you can't push us around. we want to work together. >> as washington digs back in, politicians and pundits alike are still post-gaming obama's election night victory. >> as soon as the votes started coming in and we matched them up against the model, we were well convinced that the thing was going to go according to plan. >> republicans in a crisis of their own after mitt romney's disastrous defeat. does the governor's loss and demise signal a greater crossroads for the grand 'ole party? >> i think it's more of a branding problem because the branding proble
after encouraging fiscal cliff talk from washington. listen. >> it's time for the president and democrats to get serious about the spending problem that our country has. but i'm optimistic that we can continue to work together to avert this crisis and sooner rather than later. >> i believe that both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. >> wow. that's optimism. there you go. right now the dow jones industrial average is higher by 72 points. 12,950. the nasdaq is also in positive territory by about 11 points. the s&p 500, and you can see the same intraday pattern all three sessions, moving higher into the close. higher by 5.5 points. should investors believe in a rally solely based on encouraging comments? >> in today's "closing bell" exchan exchange, we discuss that. michael, i'll begin with you. the gyrations in this market are extrord their. one guy speaks in d.c., the market goes down. somebody else speaks, the market goes up. how do you play this? >> well, we're about 50% cash. i think
is the filibuster, a tactic older than this frank capra movie from the 1930s. >> half of official washington is here to see democracy's finest show, the filibuster, the right to talk your head off. >> kroft: by holding forth on the senate floor for days on end, the minority can delay or block bills that have support of the majority. >> great principles don't get lost once they come to light. they're right here. >> bayh: a lot of us have seen "mr. smith goes to washington." and jimmy stewart's standing up, getting haggard, all night in the filibuster to stop some terrible bill. that doesn't happen anymore. senator's got to pick up the phone and say, "you know what? i'm going to filibuster this thing." well, that's enough to stop it. he doesn't have to go to the floor and speak all night. there's no physical discomfort involved. so the... it doesn't really require a whole lot of sacrifice on the part of the individual member to bring the whole thing to a stop. >> kroft: under today's rules, any one of the senate's 100 members can stymie legislation or judicial and executive appointments by simply thre
will be successful in guiding our nation. >> paul ryan will return to washington, not as the next vice-president. but he did win re-election to the congressional seat he has held since 1998. >> the g.o.p. will remain in control of the house of representatives, the democrats failing to gets close to the 218 seats needed for a majority. the house speaker john boehner, obviously very pleased to retain his leadership role. >> for two years, our house majority has been the primary line of defense for the american people against a government that spends too much, taxes too much, certainly borrows too much, when it's left unchecked. and in the face of a staggering national debt that threatens our children's future, our majority passed a budget that begins to solve the problems. now, while others chose inaction in the face of this threat, we offered solutions. and the american people want solutions. and tonight, they have responded by renewing our house republican majority. >> the republicans will now have 221 seats, the 164 for the democrats. one wonders whether the leader the democratic part
to washington, where a hard fought campaign pales in comparison to the challenges that lie ahead. the nation is drawing closer and closer to the fiscal cliff. hello and good to see you here on this day after election day. i'm brooke baldwin at the cnn world headquarters in atlanta. >> i'm celebrating the day after. john king in washington. hey, brooke. >> good to see you. >> it is good to see you. talk on capitol hill is turning to compromise immediately after the election. listen here, the senate majority leader democrat harry reid. >> it is better to dance than to fight. it is better to work together. everything doesn't -- >> see what the house speaker john boehner has to say. he speaks live next hour. meantime, the biggest battleground still hangs in the balance, the election is not yet over in florida. the nation's largest swing state too close to call. oh, yes, brooke, they're still counting the absentee ballots. >> we'll go there. also happening right now, the market. we have to look at this, plunging down 264 points right now. investors turning their attention from the election to the
, a short time ago vice president biden went to a local costco here in washington, d.c., proclaimed himself optimistic they would get a deal. the fact of the matter yesterday, erskine bowles, a key player as well, saying he is slightly pessimistic. he says there is 2/3 chance they will go off the fiscal cliff. that is not what the markets want to hear, jon. jon: not at all. ed henry at the white house. if jay carney relents and let you into the meeting give us a shot. we'll be on air. >> reporter: i will give you a copy of the menu. jon: please do, thanks. jenna: we'll forget about politicians just for a moment. i promise we'll return there surely over the next couple hours. let's talk about some renewed private sector pushing to really slash the federal budget. a group called citizens against government waste is calling for nearly $2 trillion in cuts the next five years. doug mckelway is live with the story. doug, how realistic is that goal? >> reporter: how realistic is the goal? not realistic at all. let's be honest about this. at least it is a benchmark we can strive for. citizens again
is live from washington this morning. very nice to see you, mark. so the house is back in session today, and so far there are no talks scheduled between top republicans and the president, we understand. >> no, that's true, zoraida. in fact we haven't seen the congressional leadership and president obama meet since november 16th. now there were staff discussions over the thanksgiving holiday. they don't seem to be as productive as some people had hoped, as you said, we are now 35 days until the fiscal cliff. what we do know, though, is that president obama did reach out to house speaker john boehner. he is the republican, the senate majority leader harry reid the democrat over the weekend, perhaps to try to jump-start the talks. as of now, as the house of representatives comes back today, as the senate came back yesterday, we're still very much in limbo on the fiscal cliff. >> here's something else we know. some major republicans have come out and they say that they don't feel bound by the americans for tax reform pledge. most recently we saw house majority leader eric cantor. do you bel
smoking. as a nation's near universal health care system is being defined in washington there is a campaign right now to make sure people around the country know about it, understand it and become part of it. if this campaign succeeds, it could make the affordable care act bigger and better than we thought. you have probably heard that the law will cover 30 million people. what you probably don't know is what is behind that guesstimate. roughly 49 people in the united states currently don't have health insurance. the congressional budget office estimates that 30 million of them will gain coverage under the affordable care act. that leaves 19 million uninsured. about 5 million of that 19 million are illegal immigrants not eligible for the law of subsidies. they project another 2 million live in states that will opt out of the medicaid expansion. that leaves 12 million people. the cbo estimates at least 6 million of them are actually going to be eligible for medicaid. they just won't sign up and won't know about it. even more will be eligible for private insurance. the cbo
liberal groups, from labor unions to moveon.org. with one attendee telling the "washington post" they expect the taxes to go up on the wealthy and to protect medicare and medicaid benefits. they feel confident they don't have to compromise. pressed today on whether the spending cuts are kicked down the road, white house spokesman jay carney was noncommittal. >> you are not having any spending cuts now. you want to do spending cuts next year; is that a fact? >> no. it's not a fact. these are all parts of aspects of the conversations that are ongoing. >> some republicans are pushing boehner an other leaders to accept an extension of the middle class cuts to avoid the white house blaming them for crash over taxes on the rich. >> everybody is waiting for schedule to go up. unless we fix that paradoxically. president obama becomes defender of the bush tax cuts for 98% of the people. he is no such thing. >> the president is seething on the comments to say -- seizing on the comments to say he is optimistic about a deal. >> we could get it done tomorrow. >> budget expert erskine bowles
them to do it. >>> well, there are new fears of political gridlock in washington. the challenge facing congress as america approaches the fits cal clinch. >>> and trouble on eastbound 24 and find out why westbound 24 is a mess headed the other way. "mornings on 2" starts now. >>> well, good morning to you. welcome to "mornings on 2." i'm dave clark. >> good morning. i'm tori campbell. it's wednesday, november 7th. this morning, the state of florida remains too close to call but president obama has more than the 270 electoral votes needed to win re- election. the race was called after the president captured several battleground states including ohio, colorado, wisconsin and iowa. [ cheers ] >> thousands of supporters cheered as the president, first lady and their two daughters emerged at the victory party. >> while our road has been hard, while our journey has been long, we have picked ourselves up. we have fought our way back and we know in our hearts that for the united states of america the best is yet to come. >> president obama and his family spent the in chicago. >>> mitt romney m
that happen in washington but, first, let's look at how the president made his victory happen. the president put together a decisive electoral college victory winning at least 303 votes to romney's 206 and at this hour in florida where the president leads by it looks like at this moment 50,000 votes, remains too close to call where we think the vote remains should favor the president. those folks in miami-dade are going to start counting votes when they get to work this morning. but those margin of victory was smaller than in 2008. in the end demographics and a strong turnout operation delivered the president a win in the popular vote, two points. democrats held on to control of the u.s. senate and though democrats had 23 seats to defend the caucus could still actually pick up members for the president's second term, get up to 54 seats perhaps. two senate races do remace too close to call. jon tester narrowly leads danny rehberg. also too close to call we have the house race in the 18th district where allen west is now trailing with 100% in. patrick murphy there. west may be knocked off afte
to really change the way washington works? >> i think a lot of it will be the tone that he and the republican leadership set coming out of this. i think there is clearly the possibility of change. i think that on the president's side and those of us that have been supportive and the democratic side, it is not a day of "i told you so" or gloating, because there was at a lot risk here. we'll dealt everything in this election from voter suppression to gay rights to women rights, so in many ways, we can exhale and say, we didn't go backwards. now how do we put our best foot forward to go forward and appeal to the republicans that we need to have some common ground without compromising our principles. that's going to be a delicate balance. i think romney's statement last night was positive and obviously i'm not one that has given him a lot of commendations but he said what needed to be said last night that i didn't think he would and we'll see where it goes. i think that the president and what he said and the tone he set is where those of us that are supportive are going to have
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